TINTON FALLS, N.J.–(BUSINESS WIRE)–#acquisitions–World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Millennium Medical Solutions Corp. of Armonk, NY, on June 1, 2020. Terms of the transaction were not disclosed.
Millennium Medical Solutions Corp. is an employee benefits consulting boutique agency that specializes in commercial healthcare. Being licensed with multiple private lending carriers and public programs allows the company to put its clients first in finding the right fit. Technology alliances provide efficient customer service and client access to their plan design, physician locator, and access forms. Millennium Medical Solutions also specializes in Professional Employer Organizations (PEO’s) and helps clients determine which would be best for their unique business situation.
“We are thrilled to welcome Alex Miller and Millennium Medical Solutions Corp. to our team,” states Rich Eknoian, CEO and Co-Founder of World Insurance Associates LLC. “The expertise of Alex and his team, specifically in the area of PEO’s, is crucial to our growth in the commercial healthcare space.”
Alex Miller, who joins World Insurance as Head of PEO’s, said, “We are proud of what we have been able to accomplish together and are excited about our new chapter with World Insurance. The extensive resources, client-first approach, and broad expertise of World Insurance is a great complement to our PEO and Health Insurance knowledge. We look forward to providing our clients with the best nationwide insurance and risk management solutions available.”
About World Insurance Associates LLC
World Insurance Associates LLC is headquartered in Tinton Falls, NJ, and is a nationally ranked, full-service insurance brokerage providing world-class asset and lifestyle protection with risk management, insurance, and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 63 acquisitions and serves its customers from 49 offices in 12 states and Washington, DC. WIA has been named one of The Most Successful Companies in America by Inc. 5000, is a Top 100 P/C Agency by Insurance Journal and Business Insurance, a four-time honoree by NJBIZ Fast 50, and a Business Insurance Best Place to Work. For more information, please visit www.worldins.net.
Rich Eknoian, CEO